Institutions are quietly buying power stocks again. This time it's Hawaii's Regency Capital, which spent $5.6 million to acquire 49,451 shares of the American electric company (AEP), jumping to become their 12th largest Holdings.

The key point is that this is a completely new position for them before the second quarter. What does it indicate? Institutions are increasing their layout.

AEP's stock price has risen by 17.6% this year, outperforming the market by 5.75 percentage points, with a dividend yield of 3.16%. But the most interesting part is the underlying logic – the explosive growth of AI data centers has led to a surge in electricity demand. As one of the largest electricity suppliers in the United States, AEP directly benefits.

To some extent, this is institutions betting real money: AI boom → data center expansion → power shortages → utility stocks strengthening. Retail investors can refer to this line of thought.